GauravSaini

nifty day chart showing the possible correctives

NSE:NIFTY   Nifty 50 Index
the possible triangle and rectangle are shown....there are good chances that the corrective will be over in the coming week and this will give a trending move, as far as the direction of move is concerned , the best practice is to wait for price acceptance outside the boundary of corrective , and than initiate trade .

Comments

It is a continuation pattern to the main trend.
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@cbasker, what targets can we expect,on completion
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